Smithfield Foods, Inc. (SFD) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q1'24 | Q4'23 | Q3'16 | Q2'16 | Q1'16 | Q4'15 | Q3'15 | Q2'15 | Q1'15 | Q4'14 | Q3'14 | Q2'14 | Q1'14 |
|---|
| Cash from Operations | -65M | 937M | 13M | 274M | -167M | 683M | 292M | -176M | 846M | 317.4M | 209.1M | -319.2M | 710.1M | 28M | 64.2M | -4.5M | 809M | 78.3M | 305.2M | -379.4M |
| Operating CF Margin % | -1.71% | 22.17% | 0.35% | 7.24% | -4.43% | 17.28% | 8.76% | -5.11% | 21.16% | 8.97% | 5.99% | -9.65% | 18.07% | 0.82% | 1.84% | -0.12% | 19.77% | 2.11% | 8% | -11.09% |
| Operating CF Growth % | 61.08% | 37.19% | -95.55% | - | 5.11% | -19.27% | - | - | - | 1033.57% | 225.7% | -6993.33% | -12.22% | -64.24% | -78.96% | 98.81% | 76.14% | - | 2229.77% | -422.34% |
| Net Income | 249M | 328M | 248M | 188M | 223M | 217M | 209M | 112M | -131M | 143.8M | 137.8M | 121M | 167.8M | 83.3M | 104.2M | 97M | 152.6M | 155.3M | 142.9M | 105.3M |
| Depreciation & Amortization | 83M | 84M | 82M | 82M | 83M | 86M | 88M | 82M | 131M | 61.6M | 60.3M | 58.6M | 59.2M | 58.5M | 58.4M | 58M | 58.7M | 58.3M | 57.1M | 56.7M |
| Stock-Based Compensation | 0 | 9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2M | 0 | 0 | 0 | 4.4M | 0 | 0 | 0 | 3.9M | 0 | 0 |
| Deferred Taxes | 0 | 94M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | 1M | -33M | 4M | 0 | 4M | 58M | 57M | 44M | 74M | -7.6M | -3.2M | -5.8M | -135.2M | -7.1M | 10.1M | -4M | -72.6M | -14.5M | -10.9M | -15.1M |
| Working Capital Changes | -398M | 455M | -321M | 4M | -477M | 322M | -62M | -414M | 772M | 117.6M | 14.2M | -493M | 618.3M | -111.1M | -108.5M | -155.5M | 670.3M | -124.7M | 116.1M | -526.3M |
| Change in Receivables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash from Investing | -80M | -70M | -68M | -86M | -85M | 7M | -118M | -230M | -163M | -123.1M | -92.3M | -91.6M | -114.8M | -118.1M | 237.7M | -79.8M | -112.2M | -85.4M | -67.1M | -27M |
| Capital Expenditures | -88M | -95M | -84M | -79M | -86M | -82M | -95M | -92M | -111M | -113.9M | -83.2M | -76.8M | -134.9M | -95M | -77.6M | -67.7M | -113.6M | -89.3M | -67.7M | -30.8M |
| CapEx % of Revenue | 2.32% | 2.25% | 2.24% | 2.09% | 2.28% | 2.07% | 2.85% | 2.67% | 2.78% | 3.22% | 2.38% | 2.32% | 3.43% | 2.79% | 2.23% | 1.87% | 2.78% | 2.41% | 1.77% | 0.9% |
| Acquisitions | 0 | 0 | 6M | 0 | 0 | -8M | 0 | 0 | 22M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 8M | 25M | 20M | -7M | 1M | 97M | -23M | -138M | -74M | -9.2M | -9.1M | -14.8M | 20.1M | -23.1M | 315.3M | -12.1M | 1.4M | 3.9M | 600K | 3.8M |
| Cash from Financing | -5M | -100M | -102M | -198M | 236M | -31M | -170M | -113M | -65M | -36.5M | -257.4M | -35.4M | -3.8M | 9.9M | -174.4M | -278.2M | -322.4M | -47M | -218.8M | 301.9M |
| Debt Issued (Net) | 0 | -2M | 0 | -1M | 0 | -11M | -2M | -19M | -5M | 3.3M | 55.1M | 38.2M | -3.8M | 9.9M | 60.6M | -193.2M | -322.7M | 8M | -83.3M | 301.9M |
| Equity Issued (Net) | 0 | 0 | 0 | 0 | 236M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | -99M | -100M | -197M | 0 | -18M | -88M | -88M | -61M | -39.8M | -262.5M | -73.6M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -5M | 1M | -2M | 0 | 0 | -2M | -80M | -6M | 1M | 0 | -50M | 0 | 0 | 0 | -235M | -85M | 300K | -55M | -135.5M | 0 |
| Net Change in Cash | -153M | 766M | -155M | 0 | -15M | 665M | -6M | -522M | 625M | 158.3M | -141.3M | -444.3M | 589.7M | -79.8M | 128.1M | -366.6M | 374.7M | -50.6M | 19.8M | -103.8M |
| Free Cash Flow | -153M | 842M | -71M | 195M | -253M | 601M | 197M | -268M | 735M | 203.5M | 125.9M | -396M | 575.2M | -67M | -13.4M | -72.2M | 695.4M | -11M | 237.5M | -410.2M |
| FCF Margin % | -4.03% | 19.92% | -1.89% | 5.15% | -6.71% | 15.21% | 5.91% | -7.78% | 18.38% | 5.75% | 3.6% | -11.98% | 14.64% | -1.97% | -0.38% | -2% | 16.99% | -0.3% | 6.23% | -11.99% |
| FCF Growth % | 39.53% | 40.1% | -136.04% | - | 5.6% | -18.23% | - | - | - | 403.73% | 1039.55% | -448.48% | -17.29% | -509.09% | -105.64% | 82.4% | 78.58% | - | 475.2% | -1285.55% |
| FCF per Share | -0.39 | 2.14 | -0.18 | 0.50 | -0.65 | 1.58 | 0.50 | -0.71 | 1.93 | 0.54 | 0.33 | -1.04 | 1.51 | -0.18 | -0.04 | -0.19 | 1.83 | -0.03 | 0.62 | -410200.00 |
| FCF Conversion (FCF/Net Income) | -0.27x | 2.87x | 0.05x | 1.46x | -0.75x | 3.35x | 1.00x | -1.13x | -8.81x | 2.21x | 1.52x | -2.64x | 4.23x | 0.34x | 0.62x | -0.05x | 5.30x | 0.50x | 2.14x | -3.60x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |